Musk Calls On Trump To Up Car Tariffs To Level Playing Field

Tesla’s chief executive Elon Musk took to Twitter on Thursday to complain to U.S. President Donald Trump about the unfair trade rules on U.S. car sales in China, which make Tesla’s cars much more expensive in the growing Chinese electric vehicles (EVs) market. Replying to a tweet of President Trump about the Chinese-U.S. trade, Musk addressed the President with “Do you think the US & China should have equal & fair rules for cars? Meaning, same import duties, ownership constraints & other factors.” Tesla’s chief also tweeted to President Trump: “For example, an American car going to China pays 25% import duty, but a Chinese car coming to the US only pays 2.5%, a tenfold difference,” and “Also, no US auto company is allowed to own even 50% of their own factory in China, but there are five 100% China-owned EV auto companies in the US.” Last month, reports […]